Real Estate

Real Estate Banking & Finance

Representative Matters

$43.5M Construction Financing for Apartment Building in Boston, MA

Representation of the agent and a syndicate of lenders in a $43.5M construction financing for an apartment building with ground-floor retail and a parking facility in Boston, MA.

International Public Real Estate Investment Company Financings of Single-Family Properties

Representation of an international public real estate investment company in multiple warehouse, term and securitized financings of single family rental properties.

Real Estate Company Financing of Single-Family Rental Portfolio

Representation of one of the fastest-growing real estate companies in the US as borrowers’ counsel in connection with a single family rental securitization collateralized with a $381.685M mortgage loan secured by mortgages on more than 3,000 properties.

AXA IM Alts and its Affiliates in one of the Largest Industrial Portfolio Acquisitions of 2020

Representation of AXA IM Alts and its affiliates in one of the largest industrial portfolio acquisitions of 2020. The portfolio consists of 27 assets in Chicago, Houston, Los Angeles, Central New Jersey, Dallas, South Florida, Southern New Jersey and Atlanta. In a significant step in its strategy to grow a U.S. wide logistics platform, AXA IM Alts, on behalf of clients and through a joint venture with Cabot Properties, Inc., acquired the 7,984,000 s/f portfolio for approximately $875 million, through a share purchase of a REIT previously managed by Cabot Properties. Representation included all matters related to property diligence, structuring, joint venture, purchase, financing, tax and environmental considerations of the property, including tax and structuring issues relating to cross-border investments.

Tricon Residential National Single-Family Rental Home Securitized Financings and Warehouse Credit Facilities

Representation of Tricon Residential in several securitized financings and warehouse credit facilities secured by single-family rental homes located throughout the United States.  

Successful $425 million refinancing of One Times Square in New York City

Representation of Jamestown Properties in connection with the $425 million construction financing of One Times Square, the globally-recognized building that has been home to the world’s New Year’s Eve ball drop since 1907. Originally built as the headquarters of The New York Times in 1904, the 26-story structure is wrapped entirely in LED screens and is located in the heart of Times Square in New York City.

$91M Financing for Apartment Building in Washington, D.C.

Representation of the agent and a syndicate of lenders in a $91M financing for a high-rise apartment building and parking structure in Washington, D.C.

$77.4M Construction Financing for Multifamily Property in Jersey City, NJ

Representation of the lender in the $77.4M construction financing for a 39-story, Class A building with 311 apartments and 640 square feet of ground-floor retail in Jersey City, NJ.

Plaxall Realty Development of Anable Basin Site

Plaxall Realty Development of Anable Basin Site

Representation of Plaxall Realty in connection with the development of a portion of its Anable Basin site in Long Island City, New York with Amazon for its New York HQ2 campus, prior to February 2019 when Amazon withdrew from Long Island City. Goulston & Storrs continues to represent Plaxall Realty with matters associated with the company’s Long Island City properties.

MSPCA-Angell Financing

Representation of MSPCA-Angell in obtaining the financing for a major renovation of the MSPCA-Angell Critical Care Unit in Boston's Jamaica Plain neighborhood. 

$78.8M Construction Financing for Office and Lab Property

Representation of the agent and a syndicate of lenders in a $78.8M construction financing for an office and laboratory property pursuant to development rights for a suburban office park.

$94.5M Construction Financing for Office Building in Washington, D.C.

Representation of the agent and a syndicate of lenders in the $94.5M construction financing for a class A office building in Washington, D.C.

$95M Construction Financing for Luxury Apartment Building in Washington, D.C.

Representation of the agent and a syndicate of lenders in the $95M construction financing for a luxury apartment building with ground-floor retail and a parking garage in Washington, D.C.

$30M Term Loan for Whole Foods Market in New York City

Representation of the lender in a $30M term loan for a retail condominium unit for a Whole Foods Market in Manhattan, New York City.

Refinancing of New York Office Building

Representation of a privately owned real estate investment firm in the refinancing of an office building in New York, New York.

Refinancing of New York City Multifamily Asset with Retail Component

Representation of a privately owned real estate investment and development company with respect to the senior and mezzanine refinancing of a mixed-use building near New York City’s Gramercy Park.

Multifamily Developer Joint Venture Arrangements and Acquisition Financing

Representation of a privately owned real estate investment and development firm in connection with multiple tiers of joint venture transactions, including co-GP and institutional LP arrangements, and obtaining senior and mezzanine bridge financing related to the acquisition of an assemblage of properties in downtown Brooklyn, New York, for development into a luxury multifamily rental building.

Refinancing of Massachusetts Retail Property

Representation of a prominent privately owned real estate investment and development company with the refinancing of a shopping center in Mansfield, Massachusetts.

Acquisition Financing for Shopping Center in California’s Sonoma Valley

Representation of a prominent privately owned real estate investment and development company with the acquisition financing for a premier shopping center in Santa Rosa, California.

Non-Profit Headquarters Acquisition

Representation of a non-profit organization for Latino youth in connection with the purchase of their previously rented building to establish a permanent headquarters, including drafting the conveyance documentation and assisting with acquisition financing, tax matters and other long-term legal matters.

Agent Bank $200M Refinance and Renovation of New York City Office Tower

Representation of the agent bank for a syndicate of lenders in connection with the $200M refinance and renovation of 2 Grand Central Office Tower in New York City.
 

International Real Estate Investment Companies in First Real Estate JV, Acquisition, & Financing

Representation of international real estate investment companies in their first real estate joint venture, acquisition, and financing.

Bond Holder Purchasing Bond for University

Representation of a bond holder in the purchase of a bond for a local university.

Consortium of Regional Banks $50M Financing for Retail Portfolio

Counsel to a consortium of regional banks on the $50M financing for a portfolio of retail properties in New England.

Lender $40M Refinancing & Restructuring of Hotel in Atlanta

Beacon Capital Partners Acquisition and Financing of 11.5 Million Square Feet of Office Space

Representation of Beacon Capital Partners in the portfolio acquisition and financing (consisting of senior and multiple levels of mezzanine debt) of 30 properties located in the District of Columbia, Virginia and Seattle containing more than 11.5M square feet of office space.

International Real Estate Investment Companies Loan Repurchase Facility Arrangements for Multifamily Portfolios

Representation of international real estate investment companies in certain loan repurchase facility arrangements for various multifamily portfolios.

Life Insurance Company $42M Mezzanine Loan for Condo Project in New York City

Representation of a life insurance company in making a $42M mezzanine loan in connection with a $180M condominium project in New York City.

TD Bank $150M Syndicated Loan on Data Center in VA

Representation of TD Bank in a $150M syndicated deal on a data center in Virginia.